The European cable management market was valued at $3,826.6 million in
2017 and is projected to reach $8,289.8 million by 2024, growing at a
CAGR of 11.5% from 2018 to 2024.

Factors such as rise in awareness about the cable management technology
and its use on a massive scale have propelled the growth of the Europe
cable management market. In addition, proper cable management has
ensured secure and efficient utilization of resources.

In 2017, based on product type, the distribution board segment dominated
the Europe cable management market by garnering the maximum revenue.
However, based on end user, the commercial construction segment led the
Europe cable management market in the same year.

UK led the cable management market in Europe with a revenue of $690.7
million in 2017 and is projected to reach $1,345.4 million by 2024,
growing at a CAGR of 9.8% from 2018 to 2024. However, Russia is
anticipated to exhibit the highest CAGR of 15.2% from 2018 to 2024.

Key Findings

In 2017, based on product type, the distribution board segment
dominated the Europe cable management market, in terms of revenue.
However, based on end user, the commercial construction segment has
been the leading contributor to the Europe cable management market in
the same year.

In 2017, the distribution board segment has accrued the highest
revenue share.